corporate presentation january 04, 2012

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Mogul Ventures Corp. Q1, 2012

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Page 1: Corporate Presentation January 04, 2012

Mogul Ventures Corp. Q1, 2012

Page 2: Corporate Presentation January 04, 2012

2

THE FOLLOWING INFORMATION may contain forward–looking statements. Forward

looking statements address future events and conditions and therefore involve

inherent risks and uncertainties. Actual results may differ materially from those

currently anticipated in such statement. Forward-looking information is subject to

known and unknown risks, uncertainties and other factors that may cause Mogul

Venture Corp’s actual results, level of activity, performance or achievements to be

materially from those expressed or implied by such forward-looking information.

Such factors include, but are not limited to: uncertainties related to the historical

resource estimates, the work expenditure commitments; the ability to raise

sufficient capital to fund future exploration or development programs; changes in

economic condition or financial markets, regulatory, political and competitive

developments; technological or operational difficulties or an inability to obtain

permits required in connection with maintaining, or advancing projects; and labour

relation matters *All historical resource estimates quoted herein date from the 1960s and 1970s and are based on prior

data and reports obtained and prepared by previous operators and information provided by the State, using

a Russian classification system not compatible with 43-101. Insufficient data exists to compare Russian

categories to current C.I.M. categories. A qualified person has not completed sufficient work to verify the

classification of the historic mineral resources and as such they should not be considered as current

resources and they should not be relied upon. Mogul Ventures believes these historical results provide an

indication of the potential of the property and are relevant to ongoing exploration. It should also be noted

that mineral resources which are not mineral reserves do not have demonstrated economic viability as

defined by NI 43-101 guidelines.

www.mogulvc.com

Page 3: Corporate Presentation January 04, 2012

3

MONGOLIA OVERVIEW

• Recognized as the home of some of the world’s largest natural resource

deposits including coal, gold and copper

• Strategic location

• Next door to the biggest consumer of commodities in the world – China

• Mining is the most important sector:

• “Contributes 30% of GDP and 70% of exports”(1)

• Favorable political environment:

• Mongolian Government focused on the long-term development of

resource-related sectors and favorable policies towards business and

foreign investments

• Stable business-friendly democracy:

• 20-year, uninterrupted history of peaceful and democratic government

• Homogenous country with minimal risk of ethnic or religious conflict

Source: (1) the Ministry of Mineral Resources & Energy of Mongolia

www.mogulvc.com

Page 4: Corporate Presentation January 04, 2012

4

MINING INDUSTRY OVERVIEW

• Mining industry Size

(% of GDP) - 30(2)

• Market Cap, including foreign

juniors $30B+(3)

• Investment Capacity (5 years)

- $25 - $30B(4)

• Known mineral occurrences

- 6,000(5)

• Mineral deposits found - 80+(6)

Mongolia is poised to become one of the fastest growing

economies in the world in the next two decades

Source:

(2) the Ministry of Mineral Resources & Energy of Mongolia

(3) Bloomberg

(4) statement made by the former Prime Minister Bayar

(5), (6) The World Bank report on “Mongolian Mining Sector: Managing the Future”

www.mogulvc.com

Page 5: Corporate Presentation January 04, 2012

5

MONGOLIA COAL OVERVIEW

• Viewed as Saudi Arabia

of coal

• Total Minable

resources estimate

~162 billion tons (7)

• Rapid growth potential

• Current production

~16 million tons

per year (mostly

exported to China)

• Production

expected to reach

60 - 70 million tons

by 2015(8)

Source: (7), (8) Renaissance Capital’s June 15, 2011 report on “Moncoalia”

www.mogulvc.com

Page 6: Corporate Presentation January 04, 2012

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MONGOLIA COAL OVERVIEW

• High quality and highly accessible:

• Generally near surface, ideal for low cost open pit mining, dominated by

high-quality low ash, low sulfur and low phosphorous coals

• Known geology:

• 12 coal basins, 3 regions with over 200 deposits of thermal and metallurgical

grade coal

• Main coal formation ages: Carboniferous-Permian, Jurassic, Cretaceous and Tertiary

• Thick coal seams formed in all ages

www.mogulvc.com

Page 7: Corporate Presentation January 04, 2012

7

COMPANY OVERVIEW

• Mogul Ventures Corp. focuses

on exploration, development

and production of thermal

and coking coal in Mongolia

• The company leverages

world-class management,

technical expertise and in-

depth local knowledge to

acquire, explore and develop

coal projects in Mongolia

• The company plans to monetize its coal assets through conventional open-pit mining

as well as the application of new technologies for underground coal gasification

• The company is co-founded by Mongolians and enjoys broad support and recognition

in the country

www.mogulvc.com

Page 8: Corporate Presentation January 04, 2012

8

MOGUL VENTURES TEAM

STEVEN KHAN, MBA, CFA Executive Chairman & Director

• 20 years experience in all aspects of the

investment industry including executive positions

with regional and national full-service Canadian

investment brokerage houses

• Focused on strategic corporate and business

development as well as resource and venture

capital financing during the last seven years

• Holds Director and Executive Officer roles in a

number of public and private resource companies

• Successfully completed major corporate

development initiatives both domestically and

internationally including in Japan, Korea and China

JOHN CARLESSO CEO & Director

• The founder of Cervello Capital Inc., a private

merchant bank based in Toronto; has over 16

years of international business experience

• Chairman of Oremex Silver Inc., an exploration

and development company focused on silver

assets in Mexico including the 50 million oz open

pit Tejamen deposit

• Co-founder of Explorator Resources Inc., a

mining exploration company developing the El

Espino-Venus copper-gold project in Illapel, Chile

• Has extensive experience in the junior mining

sector – held the position of Vice President,

Corporate Development at Desert Sun Mining

Corp, a company acquired by Yamana Gold Inc

www.mogulvc.com

Page 9: Corporate Presentation January 04, 2012

9

MOGUL VENTURES TEAM

JAMUL JADAMBA President & Director

• Natural resource and mining-focused investment

banker with an extensive capital raising

background, servicing worldwide companies,

especially in Mongolia

• Former Director and co-founder of the Metals

& Mining Group at Rodman & Renshaw LLC.

• Native Mongolian with well-established

relationships with influential business and

government leaders in Mongolia

• Extensively writes and speaks on topics of

Mongolian economy, development and politics

for organizations such as Oxford Analytica,

Institutional Investor and Business New Europe

DAVID A. TERRY, Ph.D., P.Geo. Senior Geologist

• Over 20 years of business experience in the

natural resource sector, focused primarily on

exploration of precious and base metal deposits in

North and South America.

• Director of and advisor to several publicly-listed

mineral exploration companies

• Specializes in public company management,

strategic planning, finance, advanced project

evaluation, identification and acquisition of

opportunities, and design and implementation of

effective and cost-efficient exploration programs

• Held positions with a number of senior mining

companies including Boliden Limited, Westmin

Resources Limited, Hemlo Gold Mines Inc.,

Cominco Limited and Gold Fields Mining

Corporation

www.mogulvc.com

Page 10: Corporate Presentation January 04, 2012

10

REGIONAL COAL DEMAND

• Mongolia’s southern neighbor, China, is the world’s leading consumer of coal

with annual demand of 2 billion tons

• China’s coal demand is expected to increase - planned power plant

construction in China is heavily concentrated in the northeast

• Domestic coal demand will increase significantly as Mongolia plans to

exponentially increase its own power infrastructure

• Coals of Northern China tend to be of a lower calorific value as compared

to those from the South and middle Gobi basins of Mongolia. China has a

shortage of coking coal

• The Chinese Government is focusing on fixed asset investments inland into

Central and Western provinces where Australian and Indonesian coals are

not competitive

www.mogulvc.com

Page 11: Corporate Presentation January 04, 2012

11

BLACK HILLS PROJECT LOCATION

Black Hills (Khar Tolgoi)

Source: Mongolian Railroad

Policy, Eurasia Capital

• 34,267 hectare mineral concession

• Includes the Ovdog Hudag and Ikh Ulaan-Nuur thermal coal deposits

• 90 km from main railway at Choir, 70 km from railway Spur

• 35 Kwatt power line on the property

Source: Mongolian railroad Policy, Eurasia Capital

www.mogulvc.com

Page 12: Corporate Presentation January 04, 2012

12

OVDOG HUDAG COAL DEPOSIT

• Ovdog Hudag coal deposit historical resources, based on Russian drilling from the 1960s and 1970s, using a Russian Classification system

• Estimated a C1 resource of 135 Mt and a C2 resource of 66.2 Mt for a total of 201.2 Mt*1

• Ovdog Hudag deposit comprises 5 shallowly-dipping coal seams ranging from 1m to 71m thick and defined by 85 historical drill holes

• Average Gross Calorific value of 6,295.5 kcal/kg

• Average Moisture content – 8.6%

• Average Ash – 17.5%

• Average Volatile Matter – 37.07%

• Expected Strip Ratio is low

• 2,370m, 14 hole diamond drilling program recently completed to form basis for 43-101 Resource Estimate and Technical Report being completed by SRK Consulting

*See Page 2 Note 1 SRK Consulting External Technical memo, May 28, 2011; Technical Report on the Coal Resources of

the Ovdog Hudag Coal Deposit Dundgovi Province, Mongolia” prepared by Flore Tungalag

Photo: Drill Rig, 2011

www.mogulvc.com

Page 13: Corporate Presentation January 04, 2012

13

IKH ULAAN-NUUR COAL DEPOSIT

• Located 6km northeast of Ovdog

Hudag Deposit

• Ikh Ulaan-Nuur historical coal

resources (C2)*1 were estimated at

88.4 Mt

• Drilling program planned to establish

and confirm resource potential and

coal characteristics

• Potential for Ovdog Hudag and Ikh

Ulaan-Nuur to be linked by drilling in

between

• Property has potential for presence

of other commodities (Cu, Fe)

*See Page 2 Note 1 SRK Consulting External Technical memo, May 28, 2011; Technical Report on the Coal Resources

of the Ovdog Hudag Coal Deposit Dundgovi Province, Mongolia” prepared by Flore Tungalag

Photo: Magnetite enriched with base metals

www.mogulvc.com

Page 14: Corporate Presentation January 04, 2012

14

GOALS AND OBJECTIVES

• Complete initial 43-101 compliant Resource Estimate on the Ovdog Hudag deposit at the flagship Black Hills (Khar Tolgoi) project

• Carry out additional drilling and surface exploration to maximize Black Hills’ full potential including:

• Infill and expansion drilling to expand resources and upgrade resource category

• Step-out drilling towards Ikh Ulaan-Nuur to evaluate seam continuity

• Evaluation of potential for other valuable commodities on the property

• Commence an economic evaluation of the Black Hills project

• Develop Black Hills towards production

• Seek strategic partners for funding expansion, off-take, development of a power plant, and application of new technologies for monetizing deep-in-ground stranded coal

• Acquire additional coal projects focusing on coking coal and thermal coal in proximity to near-term infrastructure development

Photo: Core being bagged from Drill 2, 2011

www.mogulvc.com

Page 15: Corporate Presentation January 04, 2012

15

Q1 2011 Q2 2011 Q3 2011 Q4 2011 2012

TRANSACTION Completed due diligence, property review, Title Opinion

Completed private financing, closed TS LLC purchase, RTO agreement with TSX listed CPC

Complete audit and prepare info Circ

Complete public RTO, close Pubco. funding

Public listing

EXPLORATION Complete initial independent historical review of coal occurrences

Complete drill program to confirm coal characteristics and historical work

Complete 43-101 report

Implement 43-101 recommended program

ACQUISITION Completed acquisition of TS coal project

Review other potential coal acquisitions

DEVELOPMENT Confirmation drilling of Black Hills

Confirm resource and expand drilling

Confirm resource and expand drilling

TIMELINE

www.mogulvc.com

Page 16: Corporate Presentation January 04, 2012

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SUMMARY HIGHLIGHTS

• One of the few exploration and mining companies operating in Mongolia that has

significant local ownership. It has extensive local expertise and execution capabilities

• The company has unique access to a proprietary pipeline of acquisitions

• China continues to utilize thermal coal as a viable energy source

• Black Hills (Khar Tolgoi) project is a substantial thermal coal project close to

infrastructure with significant expansion potential

• The company and its principals have a broad network of strategic partners,

professional service providers, and capital sources to build long-term successful

projects and create significant shareholder value

www.mogulvc.com

Page 17: Corporate Presentation January 04, 2012

Contact Information

+1 416.309.4326 | [email protected]

8 King St. E., Suite 107, Toronto, Ontario

M5C 1B5, Canada